FBCGX vs. VOO

Last updated Aug 1, 2026

FBCGX (Fidelity Blue Chip Growth K6 Fund) and VOO (Vanguard S&P 500 ETF) are both funds - FBCGX is a Large Cap Growth Equities fund actively managed by Fidelity, while VOO is a S&P 500 fund tracking the S&P 500 Index. FBCGX is actively managed, while VOO is passively managed. Over the past 5 years, FBCGX returned 13.37%/yr vs 12.83%/yr for VOO. Their correlation of 0.90 means they have usually moved in the same direction. FBCGX charges 0.45%/yr vs 0.03%/yr for VOO.

Performance

FBCGX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth K6 Fund (FBCGX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBCGX achieves a 8.27% return, which is significantly lower than VOO's 10.16% return.

FBCGX

• 1D: 3.46%
• 1M: -4.90%
• 6M: 8.44%
• YTD: 8.27%
• 1Y: 21.38%
• 3Y*: 24.49%
• 5Y*: 13.37%
• 10Y*: —
• ALL TIME*: 20.01%

VOO

• 1D: 0.71%
• 1M: 0.26%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 21.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FBCGX Fidelity Blue Chip Growth K6 Fund	$0.00	$0.00	$0.00
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B

FBCGX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBCGX Fidelity Blue Chip Growth K6 Fund	8.27%	21.33%	38.15%	55.57%	-37.84%	23.00%	62.92%	36.11%	-2.33%	14.15%
VOO Vanguard S&P 500 ETF	10.16%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	12.66%

Correlation

The correlation between FBCGX and VOO is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (All Time) Calculated using the full available price history since May 25, 2017	0.90

The correlation between FBCGX and VOO has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

Return for Risk

FBCGX vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FBCGX

FBCGX Risk / Return Rank: 33
FBCGX Sharpe Ratio Rank: 30
FBCGX Sortino Ratio Rank: 30
FBCGX Omega Ratio Rank: 29
FBCGX Calmar Ratio Rank: 38
FBCGX Martin Ratio Rank: 37

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FBCGX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth K6 Fund (FBCGX) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FBCGX	VOO	Difference
Sharpe ratio: Return per unit of total volatility	0.94	1.53	-0.59
Sortino ratio: Return per unit of downside risk	1.39	2.13	-0.74
Omega ratio: Gain probability vs. loss probability	1.17	1.28	-0.10
Calmar ratio: Return relative to maximum drawdown	1.53	2.21	-0.68
Martin ratio: Return relative to average drawdown	5.24	9.44	-4.20

FBCGX vs. VOO - Sharpe Ratio Comparison

The current FBCGX Sharpe Ratio is 0.94, which is lower than the VOO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of FBCGX and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FBCGX vs. VOO - Drawdown Comparison

The maximum FBCGX drawdown since its inception was -42.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FBCGX and VOO.

Drawdown Indicators

	FBCGX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-42.55%	-33.99%	-8.56%
Max Drawdown (1Y) Largest decline over 1 year	-12.64%	-8.90%	-3.74%
Max Drawdown (3Y) Largest decline over 3 years	-26.83%	-18.69%	-8.14%
Max Drawdown (5Y) Largest decline over 5 years	-42.55%	-24.52%	-18.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-9.02%	-1.38%	-7.64%
Average Drawdown Average peak-to-trough decline	-8.82%	-3.67%	-5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.68%	2.08%	+1.60%

Volatility

FBCGX vs. VOO - Volatility Comparison

Fidelity Blue Chip Growth K6 Fund (FBCGX) has a higher volatility of 7.25% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that FBCGX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCGX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.25%	3.54%	+3.71%
Volatility (6M) Calculated over the trailing 6-month period	16.64%	10.10%	+6.54%
Volatility (1Y) Calculated over the trailing 1-year period	20.62%	12.82%	+7.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.40%	16.93%	+8.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.94%	18.01%	+6.93%

FBCGX vs. VOO - Expense Ratio Comparison

FBCGX has a 0.45% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

FBCGX vs. VOO - Dividend Comparison

FBCGX's dividend yield for the trailing twelve months is around 0.89%, less than VOO's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCGX Fidelity Blue Chip Growth K6 Fund	0.89%	0.97%	0.62%	0.26%	0.12%	6.71%	1.26%	0.28%	0.46%	0.13%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.07%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both FBCGX and VOO in my portfolio?

With a correlation of 0.90, FBCGX and VOO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FBCGX or VOO?

FBCGX has higher volatility (7.25%) compared to VOO (3.54%). In terms of maximum drawdown, FBCGX dropped -42.55% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.53 vs 0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.